Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, remained below $65,000 in the early hours of Friday. The breach of a WazirX wallet containing over $230 million triggered waves of anxiety among investors, causing prices to fall for almost all coins on the Indian platform. According to data from CoinMarketCap, the overall Market Fear & Greed Index was at 57 out of 100 (neutral), with other popular altcoins including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL) and Litecoin (LTC) dropping across the board. Mantle (MNT) token was the biggest gainer, up more than 11% in 24 hours. Ripple (XRP) was the biggest loser, down more than 8% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.35 trillion, down 0.61% in 24 hours.
Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of Bitcoin was $64,177.62, down 0.63% in 24 hours. According to Indian exchanges, the price of BTC was Rs 4.614 lakh.
Ethereum (ETH) Price Today
ETH price is at $3,422.45, up 0.13% in 24 hours at the time of writing. Ethereum price in India is Rs 2.5 lakh.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE has recorded a loss of 1.98% in 24 hours and is currently priced at $0.1202. The price of Dogecoin in India is 8.50 rupees.
Litecoin (LTC) price today
Litecoin has fallen by 0.57% in 24 hours. It was trading at $71.51 at the time of writing. The LTC price in India was Rs 5,191.07.
Ripple (XRP) Price Today
The price of XRP was at $0.5574, down 8.64 percent in 24 hours. The price of Ripple in India was at Rs 40.68.
Solana (SOL) Price Today
Solana price was at $161.37, up 1.99 percent in 24 hours. SOL price in India was Rs 10,699.99.
Today's top cryptocurrency gainers (July 19th)
According to data from CoinMarketCap, the top five cryptocurrencies that have increased in value over the past 24 hours are:
Mantle (MNT)
price: $0.8591
24 hour increase: 11.41 percent
Dogwif Hat (WIF)
price: $2.41
24 hour increase: 8.44 percent
Bittensor (TAO)
price: $341.84
24 hour increase: 7.73 percent
Jupiter (JUP)
price: $0.9709
24 hour increase: 6.09 percent
Thor Chain (Rune)
price: $4.57
24 hour increase: 4.57 percent
Today's Biggest Crypto Losers (July 19th)
According to data from CoinMarketCap, the top five cryptocurrencies that fell in the last 24 hours were:
Ripple (XRP)
price: $0.5582
24 hours lost: 8.75 percent
GALA
price: $0.02395
24 hours lost: 7.68 percent
WorldCoin (WLD)
price: $2.62
24 hours lost: 7.02 percent
Shiba Inu (SHIB)
price: $0.00001753
24 hours lost: 6.55 percent
Phantom (FTM)
price: $0.48
24 hours lost: 6.30 percent
What Crypto Exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO, Madrex, told ABP Live, “Bitcoin is hovering around the $63,000 mark amid a continued decline in US stock prices and ongoing speculation surrounding the presidential election campaign. If Bitcoin fails to rise above the resistance at $64,650, it could fall to $62,500 levels. Moreover, the recent WazirX hack has added further pressure on Indian investors. Market participants should keep a close eye on the market and stay updated with news on any developments.”
CoinSwitch Markets Desk said, “In the US, major financial institutions including BlackRock, Fidelity, 21Shares, Grayscale, Bitwise and Invesco Galaxy have submitted their final S-1 applications with the SEC to seek approval for spot Ethereum ETFs. Regulators are expected to approve these applications next week, with the funds set to launch on Tuesday. The approval could mark a pivotal moment for the US cryptocurrency market.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) recently surpassed $65,000, hitting an intraday high of $65,360, buoyed by veteran trader Peter Brandt's bullish prediction. Brandt suggested that if BTC remains above $56,000, it could reach $150,000 by the end of 2025. Additionally, inflows into US spot Bitcoin ETFs, such as BlackRock's iShares Bitcoin Trust, have boosted the price. Currently, BTC is trading around $64,760, indicating a slight upside. The key levels are the resistance at $65,000 and the support at $64,500. With a market cap of $1.28 trillion and a circulating supply of 19.73 million BTC, technical indicators are cautiously optimistic.”
The CoinDCX research team told ABP Live: “BTC and ETH are flat, but many altcoins fell yesterday. BTC bounced off support at $63,300 and needs to break through the resistance at $66,800 to move higher in the short term. Similarly, ETH bounced off the key support at $3,366 but needs to break through the resistance at $3,500 to target the $3,650 levels. US jobless claims are higher than expected, which is positive for the crypto market.”
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Disclaimer: Cryptocurrency products and NFTs are unregulated and may be extremely risky. There may be no regulatory remedy for losses from such transactions. Cryptocurrencies are not legal tender and are subject to market risks. Readers are advised to seek professional advice and to carefully read the offer documents and any related material literature before making any type of investment. Cryptocurrency Market forecasts are speculative and any investments are made at the reader's own expense and risk.
